Yep - but one will actually be worth something in 20 years :-) Mark
> On Jan 10, 2021, at 2:17 PM, Mike Hammett <af...@ics-il.net> wrote: > > That also has a much higher cost of entry. > > > > ----- > Mike Hammett > Intelligent Computing Solutions <http://www.ics-il.com/> > <https://www.facebook.com/ICSIL> > <https://plus.google.com/+IntelligentComputingSolutionsDeKalb> > <https://www.linkedin.com/company/intelligent-computing-solutions> > <https://twitter.com/ICSIL> > Midwest Internet Exchange <http://www.midwest-ix.com/> > <https://www.facebook.com/mdwestix> > <https://www.linkedin.com/company/midwest-internet-exchange> > <https://twitter.com/mdwestix> > The Brothers WISP <http://www.thebrotherswisp.com/> > <https://www.facebook.com/thebrotherswisp> > > > <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg> > From: "Mark Radabaugh" <m...@amplex.net <mailto:m...@amplex.net>> > To: "AnimalFarm Microwave Users Group" <af@af.afmug.com > <mailto:af@af.afmug.com>> > Sent: Sunday, January 10, 2021 12:51:11 PM > Subject: Re: [AFMUG] OT: Bitcoin > > Mining bitcoin with the rational of generating heat for your house is a 1 to > 1 efficiency from a thermodynamic standpoint. Every KW of heat costs you > whatever your electric rate is. You are earning some money (coin) for each > KW which reduces your effective heating cost. > > At this point I don’t think any of the currencies mining value is even close > to the electric rate required to produce it. Put your money into a good > geothermal system that gives you 3KW of heat for each 1KW of electricity you > put into it. > > I’m willing to bet you will be farther ahead spending your money on > geothermal, solar, and insulation. > > Mark > > > > On Jan 10, 2021, at 1:22 PM, Matt Hoppes <mattli...@rivervalleyinternet.net > > <mailto:mattli...@rivervalleyinternet.net>> wrote: > > > > Now this is an interesting idea I had never considered! > > > > On 1/10/21 1:15 PM, Mike Hammett wrote: > >> I'm intrigued by mining cryptocurrency to generate heat in my house that > >> pays for itself. > >> I understand that there is something called profit switching that changes > >> which currency is being mined based on profitability. > >> I understand that ASIC miners are way more profitable. > >> I understand that algorithm support in ASIC miners varies. > >> Where can I go to separate the wheat from the chaff? Google returns a lot > >> of crap. > >> I understood that you mine the coin, stuff happens, then the coin goes > >> into your wallet, of whatever type. You then hold it or exchange it for > >> goods or cash. > >> What are pools? > >> What are stratums? > >> Where can I find more information on asic miners, to find which ones are > >> best able to generate a return for their cost? > >> ----- > >> Mike Hammett > >> Intelligent Computing Solutions <http://www.ics-il.com/ > >> <http://www.ics-il.com/>> > >> <https://www.facebook.com/ICSIL > >> <https://www.facebook.com/ICSIL>><https://plus.google.com/+IntelligentComputingSolutionsDeKalb > >> > >> <https://plus.google.com/+IntelligentComputingSolutionsDeKalb>><https://www.linkedin.com/company/intelligent-computing-solutions > >> > >> <https://www.linkedin.com/company/intelligent-computing-solutions>><https://twitter.com/ICSIL > >> <https://twitter.com/ICSIL>> > >> Midwest Internet Exchange <http://www.midwest-ix.com/ > >> <http://www.midwest-ix.com/>> > >> <https://www.facebook.com/mdwestix > >> <https://www.facebook.com/mdwestix>><https://www.linkedin.com/company/midwest-internet-exchange > >> > >> <https://www.linkedin.com/company/midwest-internet-exchange>><https://twitter.com/mdwestix > >> <https://twitter.com/mdwestix>> > >> The Brothers WISP <http://www.thebrotherswisp.com/ > >> <http://www.thebrotherswisp.com/>> > >> <https://www.facebook.com/thebrotherswisp > >> <https://www.facebook.com/thebrotherswisp>> > >> <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg > >> <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg>> > > > > -- > > AF mailing list > > AF@af.afmug.com <mailto:AF@af.afmug.com> > > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > <http://af.afmug.com/mailman/listinfo/af_af.afmug.com> > > > -- > AF mailing list > AF@af.afmug.com <mailto:AF@af.afmug.com> > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > <http://af.afmug.com/mailman/listinfo/af_af.afmug.com> > > -- > AF mailing list > AF@af.afmug.com <mailto:AF@af.afmug.com> > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > <http://af.afmug.com/mailman/listinfo/af_af.afmug.com>
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